Former Expera/Old Town Pulp Mill Sold
MFGR, LLC announced today that it has sold the former Expera/Old Town pulp mill based in Old Town, Maine to OTM Holdings, LLC. OTM Holdings plans to redevelop the site…
MFGR, LLC announced today that it has sold the former Expera/Old Town pulp mill based in Old Town, Maine to OTM Holdings, LLC. OTM Holdings plans to redevelop the site…
International Paper (NYSE: IP) today reported full-year 2017 net earnings attributable to International Paper of $2.1 billion ($5.13 per diluted share) compared with net earnings of $904 million ($2.18 per…
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the selection and appointment of Yves Laflamme as Resolute’s new president and chief executive officer, and a member of the…
Q4 GAAP net income of $13 million or $0.14 per share / 2017 GAAP net loss of $84 million or $0.93 per share Adjusted EBITDA of $102 million / $364…
Sappi North America, a leading producer and supplier of diversified paper and packaging products, today launched its new educational site, POP from Sappi, for marketers, creatives, designers and printers looking…
U.S. Senate Minority Leader Charles Schumer, D-N.Y., is calling on the U.S. Department of Commerce to reverse its recent decision to impose duties on special paper from Canada used in…
Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and year ended December 30, 2017. All non-GAAP financial measures referenced in this document are reconciled to…
Q4 2017 highlights •Comparable EBIT increased by 29% to EUR 366 million (283 million in Q4 2016). •Sales prices and delivery growth boosted earnings, outstripping the impact of higher input…
Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2017 net income of $269 million, or $2.84 per share and $1.56 per share excluding special items. Fourth quarter net…
Neenah® Wide Format expands its best-selling Neenah conVerd line with the introduction of conVerd® Zebra Board and conVerd® Tuxedo Board. These two new black and white rigid boards are designed…
The business, a producer of coated woodfree fine papers and packaging board based in Lenningen, initiated insolvency proceedings yesterday (30 January) at the local court of Esslingen. The 340-staff company,…
JANUARY 1 – DECEMBER 31, 2017 (compared with the year-earlier period, continuing operations) •Net sales increased 8% to SEK 16,664m (15,373) •Adjusted EBITDA improved 15% to SEK 3,761m (3,269) •The…
Operating profit for 2017 amounted to SEK 2 166 million (2016: SEK 2 162 million excluding items affecting comparability). Deliveries of paperboard, paper and wood products increased and the sales…
WestRock Company (NYSE:WRK) (“WestRock”) and KapStone Paper and Packaging Corporation (NYSE:KS) (“KapStone”) announced today the signing of a definitive agreement, pursuant to which WestRock will acquire all of the outstanding…
WestRock Company (WestRock) (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2017. First Quarter 2018 Highlights •Earned…
QUARTERLY DATA Net sales for the fourth quarter increased by 2% compared with the same quarter of the previous year, mainly as a result of improved selling prices. EBITDA was…
Orient Paper, Inc. (NYSE MKT: ONP) (“Orient Paper” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, today announced that it will temporarily suspend…
Huhtamaki has agreed to establish a joint venture with Smith Anderson Group Limited, one of Europe’s leading paper bag suppliers, to manufacture and sell foodservice paper bags in Eastern Europe.…
(AF&PA) announced the election of GEC Packaging Technologies Chief Executive Officer (CEO) John Rooney as the new AF&PA Board Chair and released its 2018 slate of AF&PA Board officers. Paper…
A major employer in northeast Wisconsin is cutting 12 to 13 percent of its global workforce. Kimberly-Clark is cutting 5,000 to 5,500 jobs, or 12 percent to 13 percent of…
Total European shipments of graphic papers in November 2017 were down 1.4% vs. November 2016 and were dow 0.8% year-to-date. Total European shipments of newsprint in November 2017 were down…
Due to further increases in pulp costs and the extremely high cost increase for colour formers, Mitsubishi HiTec Paper, is forced to raise prices for the entire Thermoscript thermal paper…
Catalyst Paper, which owns the Crofton pulp and paper mill, expects its business will be impacted by the newly-announced punitive duties on newsprint sales to the US if the ruling…
Forest Products Association of Canada (FPAC) today expressed its support for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand,…
Kimberly-Clark Corporation (NYSE: KMB) today reported year-end 2017 results and provided its 2018 outlook. The company also announced a new global restructuring initiative and established a multi-year savings target for…
FPInnovations and Resolute Forest Products (NYSE: RFP) (TSX: RFP) today announced a significant investment in the implementation of a TMP-Bio pilot project in Thunder Bay, Ontario. The pilot project will…
International technology Group ANDRITZ has received an order from Stora Enso to increase the capacity of the evaporation plant of their Enocell Mill in Finland. Start-up of the upgraded evaporation…
Sappi, a leading global producer of dissolving wood pulp, speciality and packaging papers, graphic (printing and writing) paper and biomaterials is investing in its mill in Gratkorn. After finishing the…
The Navigator Company announced today that it will be increasing prices by $2.00 / cwt (44 USD/metric ton) of all Navigator North America Soporset Premium Opaque Offset Printing Papers (Text…
Duluth City Council will be asked this Monday to take a step that could keep the city’s papermaking industry alive and protect 240 full-time jobs. Councilors will take up a…
The renewable materials company Stora Enso signed today a global framework agreement (GFA) with the three global unions at the International Labour Organization (ILO) in Geneva. Observer signatures were made…